COSCO Shipping Specialized Carriers, a unit of China’s COSCO Shipping Group, has held a naming ceremony for its newest liquefied natural gas (LNG) dual-fuel pure car and truck carrier (PCTC).
Dutch shipping company Spliethoff Group has acquired ForestWave, a compatriot company active in the multipurpose shortsea segment, with the latter joining Spliethoff Group as its seventh business unit, expanding the number of vessels commercially operated by the group to a combined fleet of over 140
A three-pronged approach would be required for the shipping industry to deliver the International Maritime Organization’s (IMO) decarbonization targets, according to Seas at Risk, an umbrella organization of environmental NGOs promoting policies for marine protection.
AFC Energy has launched Hyamtec, a wholly-owned subsidiary established to commercialize the company’s next-generation distributed ammonia cracking business.
Based on current order books, the potential demand for sustainable variants of methane and methanol for containerships on the Rotterdam-Singapore route could reach up to 5 million tonnes per year in 2028.
Japan’s shipping giant Mitsui O.S.K Lines (MOL) is to invest in U.S.-based e-fuels producer HIF Global through its wholly-owned subsidiary MOL Clean Energy aiming to reduce carbon emissions by promoting the establishment of a ‘robust’ e-fuel and CO2 supply chain. As informed, HIF Global has already
Babcock’s LGE business has received approval in principle (AiP) from the classification society Lloyd’s Register for its ammonia release recovery system, ecoVARSTM.
Vincent Clerc, CEO of Danish shipping and logistics giant Maersk, has reiterated the importance of introducing a global maritime fuel standard and a pricing mechanism that would reduce the existing price gap between green and fossil fuels.
South Korean shipbuilder HD Hyundai Mipo Dockyard (HMD), a subsidiary of HD Korea Shipbuilding & Offshore Engineering (HD KSOE), has obtained approval in principle (AiP) from classification society DNV for its innovative 60,000 cbm LPG/NH3/VCM carrier design.
The European Commission has granted approval for the joint acquisition of France LNG Shipping (FLS) by a consortium including Japanese shipping colossal NYK, French shipowner Geogas Maritime and compatriot infrastrucure fund manager DIF Management, as well as capital market company Marigold, a subsi
The European Commission has revealed a long-awaited decision to create an industrial maritime strategy in order to enhance “the competitiveness, sustainability and resilience of Europe’s maritime manufacturing sector”.
Classification society Korean Register (KR) has awarded approval in principle (AiP) to South Korean shipbuilder Samsung Heavy Industries (SHI) for its ammonia-fueled 9,300 TEU containership design.
Danish shipping heavyweight A.P. Moller–Maersk has taken a significant step towards supporting the development of methanol bunkering in Japan by co-hosting Japan’s first methanol bunkering simulation at the Port of Yokohama.
Italian shipping colossal Grimaldi Group has secured a majority stake in the Heraklion Port Authority (HPA), inking the first lines of a new chapter for the port’s growth and development as estimates suggest the acquisition could expand the port’s trade capabilities and accelerate its transition tow
